TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Anambra Takes Bold Steps in Digital Transformation at NGF DPI Workshop

    Anambra State is making strides in digital governance and revenue automation through its participation in the Digital Public Infrastructure (DPI) and Intelligent Revenue Authority (IRA) Validation Workshop organized by the Nigeria Governors’ Forum (NGF) on January 27, 2025, in Abuja. The workshop provided a platform for states to assess their readiness for DPI implementation, which…

  • CreditChek Partners with CredPal to Expand Credit Access in Africa

    CreditChek, a leading African credit assessment provider, has partnered with CredPal to enhance creditworthiness and identity verification for CredPal’s new credit card business. This collaboration aims to make credit more accessible, transparent, and secure across Africa. Since launching in 2022, CreditChek has processed over 300,000 verifications and supported $30 million in loan approvals. Through its…

  • Flutterwave CEO’s Resilience17 Launches AI Accelerator for African Startups

    Resilience17 (formerly Berrywood), the venture fund and studio founded by Flutterwave CEO Olugbenga “GB” Agboola, has launched Go Time AI, an accelerator program focused on supporting African AI startups. The accelerator provides up to $200,000 in funding, mentorship, and technical resources in exchange for 8% equity. The first cohort, launched in 2024, included five startups…

  • PaidHR disburses over ₦150 million in earned wage access, marking a 5,900% growth in 2024

    PaidHR, a Nigerian HR software provider, has seen a 5,900% increase in earned wage access (EWA) disbursements, surpassing ₦150 million to over 2,000 users in 2024. This surge reflects the growing demand for flexible salary payments, helping employees cover essentials like bills, rent, and transportation before payday. Unlike payday loans, EWA offers early access to…

  • FCMB Group’s public offer raises ₦147.5bn amid 33% oversubscription 

    FCMB Group successfully raised ₦147.5 billion through its public offer, which was 33% oversubscribed, reflecting strong investor confidence. The funds will help its banking subsidiary, FCMB Ltd., exceed the required ₦240 billion capital base for national banks. With 42,800 investors, including 39,000 new digital investors, FCMB listed 19.8 billion shares on the Nigerian Exchange Group…

  • South Sudan Restores Social Media Amid Security and Economic Hurdles

    Today, South Sudan has lifted a five-day ban on social media platforms like Facebook and TikTok, which was imposed after graphic videos allegedly showing attacks on South Sudanese nationals in Sudan sparked unrest. The National Communications Authority (NCA) restored access after confirming the content’s removal, citing public safety concerns. The shutdown disrupted businesses, digital entrepreneurs,…